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Share-Based Compensation
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based Compensation
Share-Based Awards Granted
We granted the following awards under our stock compensation plans during the periods presented (in millions, except per share data):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Shares GrantedWeighted-average grant date fair value per shareShares GrantedWeighted-average grant date fair value per shareShares GrantedWeighted-average grant date fair value per shareShares GrantedWeighted-average grant date fair value per share
Restricted stock units0.1 $13.20 — $18.76 1.2 $13.52 0.7 $22.85 
Restricted stock awards— $— 0.8 $19.60 — $— 0.8 $19.60 
Performance based restricted share unit awards(1)
— $— — 1.0 $19.01 0.6 $36.58 
Total 0.1 0.8 2.2 2.1 
(1) Weighted-average grant date fair value per share determined using Monte-Carlo valuation method.
Share-Based Compensation Expense
Share-based compensation expense by award-type, net of estimated forfeitures, recognized in the condensed consolidated statement of operations for the periods presented was (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Stock options$— $0.1 $— $0.4 
Restricted stock units3.1 5.1 11.3 14.6 
Restricted stock awards— 0.5 — 0.8 
Performance based restricted share unit awards 4.7 7.9 16.6 22.6 
Cash-settled restricted stock— — 1.1 — 
Share-based compensation expense, before tax7.8 13.6 29.0 38.4 
Income tax benefit(1.8)(3.2)(6.9)(9.2)
Share-based compensation expense, after tax$6.0 $10.4 $22.1 $29.2 
Share-based compensation, net of estimated forfeitures, recognized in the condensed consolidated statement of operations for the periods presented was (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Cost of products$0.4 $0.5 $1.3 $1.4 
Selling, general and administrative expense6.8 11.6 25.7 33.4 
Research and development expense0.1 0.5 0.5 1.1 
Other venue expense0.5 1.0 1.5 2.5 
Share-based compensation expense, before tax7.8 13.6 29.0 38.4 
Income tax benefit(1.8)(3.2)(6.9)(9.2)
Share-based compensation expense, after tax$6.0 $10.4 $22.1 $29.2